Stablecoin News

Coinbase adds stablecoin DAI to its main platform

Coinbase announced today that DAI, a stablecoin created by MakerDAO, is now available to buy and trade on its retail platform, Coinbase.com, and its...

Reserve stablecoin expands to tackle hyperinflation in Venezuela

The Reserve Dollar—a U.S. dollar-backed stablecoin—will be available in Venezuela via the Reserve app. The goal is to provide a cryptocurrency-based, less volatile alternative...

UMA Leverages Dai Stablecoin For Access To US Stock Market

UMA aims to give those outside the US access to the country's major stock exchanges through an ERC20 token.On March 27, decentralized financial contracts...

MakerDAO Votes to Increase Fees 4% on Ethereum Stablecoin DAI

MakerDAO token holders have again voted to increase fees charged to those...

Tether’s USDT Stablecoin Not Necessarily 100 Percent Backed By USD

Tether says its coin is backed by “cash equivalents” and “other assets.” But what are these?Tether, the company responsible for the development of the...

JP Morgan’s Stablecoin: A Feat of Engineering or Marketing?

Ben Jessel is head of enterprise blockchain at Kadena, a next-generation blockchain company...

MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

The open-source developer group behind the dollar-pegged, ethereum-backed stablecoin DAI is considering...

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BBVA to Launch Bitcoin and Ethereum Trading for Spanish Customers

BBVA, Spain's second-largest bank, will offer Bitcoin and Ethereum trading through its app after meeting EU regulatory requirements.The service...

CoinDesk 20 Index Falls 7.2% as Crypto Market Sees No Gainers

The CoinDesk 20 Index dropped 7.2% to 2658.12 since Friday afternoon, with no assets showing positive movement.Ethereum (ETH) and...

Crypto ETPs Record $876 Million in Outflows for Fourth Straight Week

Cryptocurrency ETPs recorded $876 million outflows in the fourth consecutive week of losses, bringing total outflows over the period...

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